Funding you earn now, next payment 05:00 UTC−0.0214%/8h= −23.5% APRpaid last 24h −0.152%
Price spread now: edgeX against Entropy+0.270%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1461.461% of the position
Funding, last 7 days−0.278%−$28 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.270%, 7d avg +0.019%
=Together, before fees−0.347%+ Points / potential airdropedgeX: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.252% dearer against Entropy than usual: you sell high and buy low (spread +0.270% now, against its 7-day average of +0.019%): +$25 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:IONQ | 40.615 | 0.0169 | pay 0.0021% / 1h | 48m 51s | $45K | $171K | 10x |
| Short | edgeX IONQUSDC | 40.725 | −0.0045 | pay 0.0023% / 4h | 3h 48m | $1K | $187K | 10x |
Entropy io:IONQ
edgeX IONQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Entropy. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$45.01
- Price spread: +0.270% → +0.019%
- $25.18
- Slippage, 4 orders
- −$119.13
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$165.97
- Costs to cover
- 1.461%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 36 min ago; edgeX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Entropy live order book, 36 min ago | 8.95 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 7.37 bp | 47.0 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
IONQ on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX IONQUSDCshort | −0.0045% | 4h | 40.725 | +0.270% | $1K | $187K | 10x | |
| Binance IONQUSDT | 0.0000% | 8h | 40.580 | −0.086% | $731K | $1.2M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.570 | −0.111% | $679K | $248K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.580 | −0.086% | $133K | $269K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.540 | −0.185% | $1.1M | $503K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.610 | −0.012% | $506K | $476K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.700 | +0.209% | $1.5M | $382K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.600 | −0.037% | $7K | $18K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.610 | −0.012% | $699K | $100K | 20x | as long as short |
| BloFin IONQ-USDT | +0.0014% | 8h | 40.700 | +0.209% | $49K | $6K | 20x | as long as short |
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
QFEX IONQ-USD
Gate IONQ_USDT
Bitget IONQUSDT
HTX IONQ-USDT
Phemex IONQUSDT
BloFin IONQ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.670 | +0.135% | $39K | $2.9M | 20x | as long as short |
| Entropy io:IONQlong | +0.0169% | 1h | 40.615 | long leg | $45K | $171K | 10x |
KuCoin IONQUSDTM